I Got Scammed By A Silicon Valley Startup
Penny Kim

Ahhh, this brings back memories.

I moved my family from Brisbane, Australia to Dallas to work for a company that were going to create the next B2B LinkedIn killer, back in 2011. Same story… grand promises, and mysteriously absent paychecks. There was a revolt and everyone just bailed, and no-one got a dime. The line about the cashier’s checks being on a UPS truck actually rings so true, as I was the ONLY person in the whole office to get a final check, as the HR guy felt sorry for me and handed it over, mere hours before the boss clawed them back and said no-one was getting paid (again). “The Investors will come through, they’re who we’re waiting on” etc… it really saddens me to think this story repeats itself so often.

It’s an awful feeling, especially when you leave your home to go do something big, and end up being screwed by people who really don’t care that your life is being turned upside down by their dishonesty and ruthless self-preservation.

Oh, and reputation management… that was one of this company’s functions, and the amount of crap we were tasked with scrubbing with cheap, nasty SEO tricks and wall pages… makes me shudder. Thanks for sharing, and I’m glad you were able to come out of it with a positive mindset and counting your blessings.

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